Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$331,934$331,934$404,550
Remaining term (yrs)27.927.930.0
Secondary amount$0$72,616$0
Funding fee$1,660$1,660$0
Note rate6.780%6.780%7.320%
Blended rate6.780%7.178%7.560%
1st payment$2,207.97$2,207.97$2,778.98
2nd payment$0.00$544.62$0.00
Taxes / mo$101.92$101.92$101.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.91
HOA / mo$0.00$0.00$0.00
Total monthly$2,459.89$3,004.51$3,111.80
Cash to close$117,566$44,950$44,950